There is new law, exposed by german government in december 2019.
From 01.01.2021 it is not allowed to calculate losses against profits, which exceeds 10.000 EUR (§ 20 Absatz 6 Satz 5 EStG), even within a single year.
For example, if you have profit trades of 100.000 EUR vs loss trades of 85.000 EUR, you have a total gain of 15.000 EUR. Until 31.12.2020 you pay tax (25% = 3.750 EUR) for this 15.000 EUR. Now, with the updated law, only 10.000 EUR can be calculated against the 100.000 EUR profit. Means, your gain for tax is 90.000 EUR. Your tax is now 25% of 90K = 22.500 EUR (which is more than your total profit at all). Crazy, but true!
Is it now a monetary suicide to use Darwinex, by investing or trading in Darwins?
Does Darwinex plan to fill a lawsuit in court?